EchoStar cuts CEO's bonus in half

Newswire

WASHINGTON, March 25 (Reuters) - EchoStar Communications Corp. , the satellite TV broadcaster whose attempt to buy Hughes Electronics Corp. last year failed, reduced its chief executive officer's bonus by 50 percent, a U.S. regulatory filing on Tuesday showed. CEO and Chairman Charles Ergen, 50, was given a $375,000 bonus in 2002 instead of $750,000 he received the previous year. He did not receive a raise from his $250,000 salary. Compensation for top executives were outlined in a proxy ...

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